After signing the contract for constructing ten 180,000 DWT Bulk Carriers at the end of last year, which are the self-designed 6th generation Capesize Bulk Carriers, SWS successfully signed contracts with two well-known European shipping companies for constructing the other 8 vessels of this type at the beginning of the new year. It symbolized that this type of self-designed bulk carriers has been widely recognized by the market, which enhanced the position of SWS as the world center for developing, designing, and constructing the Capesize Bulk Carriers. In recent years, the lagging impact of the economic crisis on the shipbuilding industry is becoming more and more obvious. With the declining shipping demand, the shipbuilding industry is facing severe challenges. However, every crisis brings an opportunity. For Chinese shipbuilding enterprises to seize the opportunity, the innovation and development, technological upgrading, and highlight features, is the key. In Shanghai, the shipbuilding industry is withstanding the storms with technologyl upgrading, and remaining in the good situation with the strategy of steady operation, emphasizing on technology, and innovative management, to explore the new development path of shipbuilding industry. Shanghai Waigaoqiao Shipbuilding Co., Ltd. was established 13 years ago, has always taken the responsibility to revitalize and develop shipbuilding industry in China, and resolutely implemented the strategy and measures of CSSC, which is “change the mode, adjust the structure, and the integrate the resources”. SWS has been committed to create high-quality products, and provide the best service to owners, as always, to enhance the quality of management, strengthen the quality and safety control of the ship construction, to look forward to the biggest breakthrough in the winter period of the shipbuilding industry. The new released 180,000 DWT Capesize Bulk Carrier fully meets the latest international environmental protection requirements and strength standard. Comparing with the original bulk carrier designs, the integrated fuel consumption of new type is 20% lower, which realizes the energy efficiency, and is an ultra large green bulk carrier with the energy saving, environmental protection, and economic low carbon consume. So far, SWS has undertaken 188 bulk carriers orders, in which 139 vessels has been successfully delivered, and occuped 11% of this type of fleet in the world. SWS has already become the leading force of Capesize Bulk Carrier Builders in the world. Holding orders at hand till 2016, at present SWS remains the steady production and operation and keeps the leading position in Chinese shipbuilding enterprises continuously.